(VEN) - A Vietnam-Republic of Korea (RoK) financial cooperation forum took place this morning (March 22) in Hanoi. It is expected to open up opportunities for bilateral financial and banking cooperation.

Lending interest rates have room to be reduced further due to the support of positive factors including the recent Government resolution that requires the State Bank of Vietnam (SBV) to strive for lowered interest rates.

Total revenue of the State budget reached 215.76 trillion VND (US$9.47 billion) in the first two months of 2018, equivalent to 16.1 percent of the yearly estimate and up 12.7 percent year-on-year, said the Ministry of Finance.